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FREQUENTLY ASKED QUESTIONS


1. What is ATFX (Auto Trade FX Managed Account)?

ATFX implements several techniques and strategies that make this Expert Advisor a revolutionary, automated trading system. It uses a straddle trade to begin, then a complex version of the Martingale Strategy is implemented followed with an opposite position hedge. All backed up with the multi-position stop loss to help protect your investment. The proprietary software optimizes each currency pair’s performance by calculating how each trade is initiated within the mathematical strategy. The combination of these strategies is the foundation to ATFX success.

2. Which currency pairs does the trading tool trade with? 

The ATFX expert advisor mainly trades with these ISO pairs: AUD/CAD, EUR/CAD, NZD/USD, USD/JPY, EUR/USD, AUZ/NZD. 

3. Do I have to watch the charts 24 hours a day? 

No, this is why ATFX was developed. Let the ATFX automated system trade your risk capital for you. 

4. Do I have to manage ATFX? 

No, sit back and relax, let ATFX traders handle the trades, all you need to do is log into your account at any time to see how your equity is handled. 

5. What is the minimum investment? 

The minimum investment to trade with ATFX is $25,000 USD. 

6. The overall results are so good, why is my account down? 

No matter how good the results of a particular system are, there are times of drawdown where we have losing streaks. If you happen to open your account during or right before one of these major draw-downs, you can lose a significant amount of your account in a short period of time. We suggest sticking with the system for at least 6 months to allow for potential good results to affect your account. This is also why it is important to only trade with risk capital that is set aside for aggressive, speculative investments like Forex. If you will not be able to sleep at night if your $25,000 goes to $20,000, then Forex may not be for you. 

7. How much are commissions? 

ATFX has no commissions, however each lot traded has a brokerage spread which is dependant upon the currency pair that is levied against the account. This may be between $20 and $50 for each $100,000 that is controlled via 100/1 leverage in the market. 

8. What is the cost? 

The ATFX is FREE; all you have to do is fund your Interbankfx live account with a minimum of $25,000 USD. There are no monthly recurring costs to use ATFX and no yearly renewals. 

9. Are there any performance fees for having my account traded with ATFX? 

Yes! The ATFX traders levy a 30% high water mark performance fee. This means that the manager will only receive performance fees, on that particular pool of invested money, when its value is greater than its previous greatest value. Should the investment drop in value then the manager must bring it back above the previous greatest value before they can receive performance fees again. 

Hypothetical Example: Minimum $50,000 USD month A. During month A, traders increase the account to $55,000 USD. This would represent an overall increase in equity of 10%. A 30% performance fee would mean the ATFX traders would receive (at months end) $1500 USD for their trading skill and the investor would receive $3500 USD for putting up their risk capital into the managed account. Now the new high water mark in the account is $53,500 or an increase of 7% for that month. 

In month B (hypothetically) the investor lost 10% of a $55,000 USD investor account. In this case the traders would not be compensated at all based on performance as they did not surpass the previous months, $55,000 high water mark. The ATFX traders would only receive performance fee compensation if they surpassed the $55,000 USD high water mark from the previous month. 

This is positive for the investor as it motivates the traders do their best to make the most potential increase in profit in their accounts due to the High Water Mark performance fee calculation based on the previous months profit/loss statement.
 
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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.